Gandhar Oil Refinery (India) Limited (GANDHAR) — Announcement Announcement

· NSE 🔴 High Importance Neutral
📢 Key Event
Independent director resigns effective immediately
💡 Investor Takeaway
Shareholders may face reduced board oversight and governance expertise following her departure.

Gandhar Oil Refinery announced the immediate resignation of Non-Executive Independent Director Deena Mehta effective May 12, 2026, citing pre-occupation with other business activities and confirming no material reasons for departure. Her exit removes her from key governance committees including Audit and Risk Management, potentially affecting board oversight and strategic continuity. The filing complies with SEBI Listing Regulations and is accessible on the company's investor relations page.

📄 View Original Announcement (PDF)

About Gandhar Oil Refinery (India) Limited (GANDHAR)

Oil Gas & Consumable Fuels · Petroleum Products · Listed on NSE

Market Cap: ₹1,468 Cr P/E: 18.0

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.